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LS Marine secures $113m contract for offshore wind cable installation with Hanwha Ocean.
Sep 21, 2026•about 3 hours ago
Contract Type
contract
South Korea
Description
LS Marine Solution has signed its largest contract to date, worth $113m, for the transport and installation of subsea cables for the 390 MW Shinan Ui offshore wind project. The contract spans from September 2026 to September 2028 and represents a significant portion of the company’s annual sales.
Company Information
Company
LS Marine Solution
Location
South Korea
About
LS Marine Solution is a South Korean subsea cable contractor known for its innovative solutions in offshore wind developments. The company is part of the LS Cable & System group and specializes in the transportation and installation of subsea cables. LS Marine is building its installation fleet to enhance its capacity for large-scale projects.
Predictive Intelligence
Strategic
ML-powered predictions for LS Marine Solution's next move